Asset Liability Analyst Job Description
Asset liability analyst
provides tax input for financial budgets, forecasts, tax provisions, accounting entries, deferred tax analysis, and financial accounting.
Asset Liability Analyst Duties & Responsibilities
To write an effective asset liability analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included asset liability analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Regulatory monitoring relating to Asset & Liability management (LCR, NSFR ratios) and later to the indicators issued from the Basel’s Standards for Interest rate risk in the Banking Book
Or interfacing with an application
Participate in model test cycles to ensure smooth implementation of new model structure and/or assumptions
Working with the Corporate Data team to design and develop data quality and validation rules to ensure that modelling output is fit for purpose
Liaising with Business Units to resolve data quality issues and drive continual improvement in the processes used to manage data quality and validation
Assisting in the design, development and documentation of functional and non-functional model and system requirements
Assessing the impact of proposed product and system changes, and help manage the change control process
Contributing to the design and execution of test plans for data extracts, data transformation and asset and liability management models
Engages and collaborates with others, including portfolio managers, lines of business representatives, and funding managers to provide support for subjects such as earnings forecasting, interest rate risk analysis, FTP, Economic Capital, Capital Planning, Corporate Development
Perform a wide range of interest rate risk analysis using a variety of sophisticated risk metrics that include Duration of Equity (DoE) Economic Value of Equity (EVE), net interest income forecasting, duration and convexity, value at risk (VAR) and earnings at risk (EAR)
Asset Liability Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Asset Liability Analyst
Typically a job would require a certain level of education.
Employers hiring for the asset liability analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, Mathematics, Statistics, Business, MBA, Engineering, Actuarial Science, Math
Skills for Asset Liability Analyst
Desired skills for asset liability analyst include:
Banking
Economics
Financial accounting & analysis
Microsoft SharePoint desirable
Accounting
Finance
SQL and Empyrean
ALM models
Accounting principles
Current pension regulatory environment
Desired experience for asset liability analyst includes:
Asset/Liability management positions are, due to significant Capital Markets and Treasury aspects, highly technical and specialized in nature
Candidate must be self-motivated and results-oriented with the ability to function effectively under deadlines, and possess the ability to work in a team environment to be part of multiple teams
Two years of experience in financial modeling and forecasting
Knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment
Knowledge of sales processes, tools, and techniques
Authors various documents on projects such as use cases, process flows and other related project documents and adheres to life cycle documentation
Asset Liability Analyst Examples
1
Asset Liability Analyst Job Description
Job Description Example
Our growing company is hiring for an asset liability analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for asset liability analyst
- Assists with identifying, analyzing and monitoring the interest rate risk position of the Bank’s balance sheet through Net Interest Income (“NII”) and Economic Value of Equity (“EVE”) simulations
- Presenting to Executive Management and Regulators
- Contribution to the daily monitoring of the structural foreign exchange and interest rate risks
- Structural risks analysis
- Recommendation of management’s actions in the framework of ALM
- Contribution to the preparation of the ALM committee
- ALM modelling (liquidity, interest rate risk) – annual review
- Monthly production
- Quarterly analytic review
- Methodology review to adapt the FTP to the commercial strategy
Qualifications for asset liability analyst
- Monitor and report Treasury compliance in regards to the Risk Group market risk models
- Demonstrated high degree of proficiency in Microsoft Excel and strong working knowledge of database software
- High level of understanding of excel and other Microsoft office systems
- 5 or more years’ experience in Asset Liability Management
- Ability to multitask under time constraints
- 10+ years' experience in a business related role
2
Asset Liability Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for an asset liability analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for asset liability analyst
- Ensure the application of the FTP policy
- Contribution to the preparation of the Product Pricing Committee
- Net interest margin calculation
- Participation to the enforcement of the governance relating to the LCR, buffer of liquidity and NSFR management and later to the indicators issued from the IRRBB recommendations
- Group Asset & Liability management project
- Preparation, development and analysis of reports, metrics and risk dashboards
- Documentation of processes and controls which will support decision points and help mitigate key person dependencies
- Process regular bankers, top-up/down settlements and asset transfers across various segments
- Act as ALM main contact for segment inquiries and problem resolution
- Assisting the Asset Liability Manager in the preparation of monthly ALM analysis reports which includes data gathering, validation and analysis
Qualifications for asset liability analyst
- Bachelor's degree in Mathematics, Finance, Statistics, Econometrics, or related field
- Proven ability to manage deadlines and conflicting/competing tasks
- Strong testing and quality assurance mindset
- 3-5 years of experience in a quantitative analytical role, preferably in a bank
- Conducts and/or manages the finance process as it applies to area of responsibility
- Understands the whole finance function and the key business areas supported involving the integration of 1-2 functions and/or business lines
3
Asset Liability Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for an asset liability analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for asset liability analyst
- Play a key role in the annual stress testing process by developing critical components using the ALM model
- Responsible for timely and accurate production of regular reports in support of ALM management including interest rate risk, earning sensitivities, portfolio rebalancing and new business hedging
- Support Japan ALCO and monitor asset mix/quality/duration against approved benchmarks and recommend remedial actions on violations
- Review segment Economic Value Added (EVA) performance results and support initiatives of Performance Reporting team
- Support annual/biennial activities, including updating MD&A, AAR and SIP&G documents
- Modeling knowledge of leading edge ALM concepts
- Modeling knowledge of standard and non-standard assets
- Advanced knowledge of AXIS functionalities such as assets and reinvestment modules, and batch management
- Development of programming software skills
- Knowledge in many other ALM related areas
Qualifications for asset liability analyst
- Coordinates the Quarterly Business Review (QBR) presentation including settling deadlines, reviewing and analyzing submissions, developing key messages, obtaining approvals and submitting to Enterprise Decision Support
- Reporting monthly on Smart Efficiency efforts
- Focuses on complex and/or specialized analysis with a yearly time span
- Masters degree in Mathematics, Finance, Statistics, Econometrics, or related field
- Four years of experience in financial modeling and forecasting
- 4 - 5 years of experience in risk management processes - Regulatory Reporting MCO/LCR/NSFR/IRR and relevant field
4
Asset Liability Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of asset liability analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for asset liability analyst
- Prepare the Net Stable Funding Ratio (“NSFR”) reports for regulatory submission on a monthly basis
- Compile data and prepare monthly liquidity risk reports for Group Asset Liability Management Committee (GALCO) and Board Risk Management Committee (BRMC)
- Provide relevant and critical analysis on NSFR movements to internal stakeholders to support decision making
- Monitor the NSFR utilization against limits and make recommendation to management
- Provide support to team members in the tracking of other liquidity risk measures the annual ICAAP and IWST exercise
- Provide support to overseas branches and subsidiaries in the timely and accurate production of NSFR reports
- Analysis on liquidity topics, with particular attention to Funding figures (volumes and related cost), business line segmentation, Net interest and Transformation margin, regulatory cost
- Assisting in the month end analysis and reporting production
- Calculation of LCR and NSFR ratios
- Regulatory reporting and constraint analysis
Qualifications for asset liability analyst
- Structural risks monitoring and management (interest rate and foreign exchange risks, liquidity risk) of Kleinwort Hambros
- Optimisation of the Balance Sheet and recommendation of appropriate actions relating to the commercial strategy via the Fund Transfer Pricing policy and the Product Pricing Committee
- Background in Investments, Risk Management or Actuarial
- Minimum 3 years of experience in the financial services or investment risk management environment
- Asset Liability experience with market risk vendor tools such as QRM, Bancware or Polypath
- Knowledge of financial and risk modeling practices and concepts, financial instruments, and financial markets
5
Asset Liability Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of asset liability analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for asset liability analyst
- Support management and ALM Committee with dedicated focus
- Create and analyze financial statements and other financial documents to aide in the compiling the monthly report for the Liquidity Stress Committee (LSC) and Asset Liability Management Committee (ALCO) meeting
- Create, update, and maintain policy and procedure documents
- Assist the ALM and Liquidity team in the developing and analyzing financial models
- Updates and maintains hedging programs
- Assists in the modeling of variable annuity guarantees
- Develops in-depth knowledge of annuity product designs and optional benefit features capital market instruments (options, swaps, futures, ) and hedging concepts
- Prepares weekly and monthly hedging reports, including attribution analyses
- Implements programming code changes as part of the model development process
- Assists in the testing/validation of model changes
Qualifications for asset liability analyst
- Bachelor’s degree in finance, economics, mathematics or other related field, CFA or FRM preferred or the equivalent work experience thereof
- Bachelor’s degree in accounting, finance, or relevant discipline
- Three (3) or more years accounting or finance experience, preferably in financial services institutions
- A solid understanding of the bank’s balance sheet and income statement, including balance sheet dynamics and interest rate risk concepts
- Detail orientation with the ability to effectively utilize quantitative models to analyze risk
- Proven experience with process improvement, data strategy and problem solving